Tag: Park Hyoung-sei

LG acquires controlling stake in Alphonso

LG Electronics, through one of its US subsidiaries, Zenith Electronics LLC, announced it is making a significant investment in Alphonso Inc. to bring together the two TV industry leaders’ technologies and innovations in LG’s smart TV lineup. With its investment, LG will become Alphonso’s largest investor with a controlling stake of more than 50 percent,…